On July 14, shortly after 9 p.m., police say four armed men entered Hymie’s Restaurant on 342 Montgomery Avenue. The suspects ordered everyone inside to go to the front of the store, lie on the ground and turn over their phones as well as wallets, according to investigators. Police also say the restaurant manager was ordered to open a nearby register and remove the cash. The suspects then ran from the store through the backdoor and fled the area, according to police.

After an investigation, detectives obtained an arrest warrant for Michael Shawn Schaefer, 40, according to police.

Credit: Lower Merion Township Police Department

On July 24, Lower Merion detectives as well as Philadelphia Police found and arrested Schaefer on S. Fairhill Street in Philadelphia. He was arraigned the next day with bail set at $500,000 cash.

Schaefer’s preliminary hearing is scheduled for Wednesday at noon. Police continue to search for the other three suspects.